SOUTH BANKING COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY
| Measure | Date | Value |
|---|
| 2024 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2024 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2024-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total income from all sources (including contributions) | 2024-01-01 | $3,062,012 |
| Total loss/gain on sale of assets | 2024-01-01 | $0 |
| Total of all expenses incurred | 2024-01-01 | $891,141 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2024-01-01 | $853,842 |
| Value of total corrective distributions | 2024-01-01 | $18,427 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2024-01-01 | $1,019,994 |
| Value of total assets at end of year | 2024-01-01 | $15,816,683 |
| Value of total assets at beginning of year | 2024-01-01 | $13,645,812 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2024-01-01 | $18,872 |
| Total interest from all sources | 2024-01-01 | $22,255 |
| Total dividends received (eg from common stock, registered investment company shares) | 2024-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2024-01-01 | No |
| Was this plan covered by a fidelity bond | 2024-01-01 | Yes |
| Value of fidelity bond cover | 2024-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2024-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2024-01-01 | No |
| Contributions received from participants | 2024-01-01 | $603,898 |
| Participant contributions at end of year | 2024-01-01 | $80,137 |
| Participant contributions at beginning of year | 2024-01-01 | $93,951 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2024-01-01 | $303,901 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2024-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2024-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-01 | No |
| Value of net income/loss | 2024-01-01 | $2,170,871 |
| Value of net assets at end of year (total assets less liabilities) | 2024-01-01 | $15,816,683 |
| Value of net assets at beginning of year (total assets less liabilities) | 2024-01-01 | $13,645,812 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2024-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2024-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2024-01-01 | No |
| Investment advisory and management fees | 2024-01-01 | $18,872 |
| Value of interest in pooled separate accounts at end of year | 2024-01-01 | $11,477,255 |
| Value of interest in pooled separate accounts at beginning of year | 2024-01-01 | $9,044,284 |
| Interest on participant loans | 2024-01-01 | $5,429 |
| Interest earned on other investments | 2024-01-01 | $16,826 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2024-01-01 | $4,259,291 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2024-01-01 | $4,507,577 |
| Net investment gain/loss from pooled separate accounts | 2024-01-01 | $1,999,357 |
| Net investment gain or loss from common/collective trusts | 2024-01-01 | $20,406 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2024-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2024-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2024-01-01 | No |
| Contributions received in cash from employer | 2024-01-01 | $112,195 |
| Employer contributions (assets) at end of year | 2024-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2024-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2024-01-01 | $853,842 |
| Did the plan have assets held for investment | 2024-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2024-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2024-01-01 | 1 |
| Accountancy firm name | 2024-01-01 | WARREN AVERETT LLC |
| Accountancy firm EIN | 2024-01-01 | 454084437 |
| 2023 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,409,460 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,923,877 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,875,351 |
| Value of total corrective distributions | 2023-12-31 | $30,726 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $823,757 |
| Value of total assets at end of year | 2023-12-31 | $13,645,812 |
| Value of total assets at beginning of year | 2023-12-31 | $13,160,229 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $17,800 |
| Total interest from all sources | 2023-12-31 | $31,596 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $571,961 |
| Participant contributions at end of year | 2023-12-31 | $93,951 |
| Participant contributions at beginning of year | 2023-12-31 | $114,240 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $148,328 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $485,583 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $13,645,812 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $13,160,229 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $17,800 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $9,044,284 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $7,134,210 |
| Interest on participant loans | 2023-12-31 | $6,129 |
| Interest earned on other investments | 2023-12-31 | $25,467 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $4,507,577 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $5,911,779 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $1,554,107 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $103,468 |
| Employer contributions (assets) at end of year | 2023-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,875,351 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | WARREN AVERETT LLC |
| Accountancy firm EIN | 2023-12-31 | 454084437 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $2,409,460 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,923,877 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,875,351 |
| Value of total corrective distributions | 2023-01-01 | $30,726 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $823,757 |
| Value of total assets at end of year | 2023-01-01 | $13,645,812 |
| Value of total assets at beginning of year | 2023-01-01 | $13,160,229 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $17,800 |
| Total interest from all sources | 2023-01-01 | $31,596 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $571,961 |
| Participant contributions at end of year | 2023-01-01 | $93,951 |
| Participant contributions at beginning of year | 2023-01-01 | $114,240 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $148,328 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $485,583 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $13,645,812 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $13,160,229 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $17,800 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $9,044,284 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $7,134,210 |
| Interest on participant loans | 2023-01-01 | $6,129 |
| Interest earned on other investments | 2023-01-01 | $25,467 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $4,507,577 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $5,911,779 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $1,554,107 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $103,468 |
| Employer contributions (assets) at end of year | 2023-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,875,351 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | WARREN AVERETT LLC |
| Accountancy firm EIN | 2023-01-01 | 454084437 |
| 2022 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-370,102 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $588,589 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $564,478 |
| Value of total corrective distributions | 2022-12-31 | $8,664 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $913,116 |
| Value of total assets at end of year | 2022-12-31 | $13,160,229 |
| Value of total assets at beginning of year | 2022-12-31 | $14,118,920 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $15,447 |
| Total interest from all sources | 2022-12-31 | $39,330 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $15,447 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $522,599 |
| Participant contributions at end of year | 2022-12-31 | $114,240 |
| Participant contributions at beginning of year | 2022-12-31 | $85,945 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $287,789 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $12 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-958,691 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $13,160,229 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $14,118,920 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $7,134,210 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $8,014,118 |
| Interest on participant loans | 2022-12-31 | $5,952 |
| Interest earned on other investments | 2022-12-31 | $33,378 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $5,911,779 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $6,018,845 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,322,548 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $102,728 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $564,478 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | WARREN AVERETT LLC |
| Accountancy firm EIN | 2022-12-31 | 454084437 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-370,102 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $588,589 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $564,478 |
| Value of total corrective distributions | 2022-01-01 | $8,664 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $913,116 |
| Value of total assets at end of year | 2022-01-01 | $13,160,229 |
| Value of total assets at beginning of year | 2022-01-01 | $14,118,920 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $15,447 |
| Total interest from all sources | 2022-01-01 | $39,330 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Administrative expenses professional fees incurred | 2022-01-01 | $15,447 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $522,599 |
| Participant contributions at end of year | 2022-01-01 | $114,240 |
| Participant contributions at beginning of year | 2022-01-01 | $85,945 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $287,789 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $12 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-958,691 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $13,160,229 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $14,118,920 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $7,134,210 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $8,014,118 |
| Interest on participant loans | 2022-01-01 | $5,952 |
| Interest earned on other investments | 2022-01-01 | $33,378 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $5,911,779 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $6,018,845 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-1,322,548 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $102,728 |
| Employer contributions (assets) at end of year | 2022-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $564,478 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | WARREN AVERETT LLC |
| Accountancy firm EIN | 2022-01-01 | 454084437 |
| 2021 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,086,717 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $810,197 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $786,949 |
| Value of total corrective distributions | 2021-12-31 | $18,743 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $607,676 |
| Value of total assets at end of year | 2021-12-31 | $14,118,920 |
| Value of total assets at beginning of year | 2021-12-31 | $12,842,400 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $4,505 |
| Total interest from all sources | 2021-12-31 | $10,608 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $4,505 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $471,346 |
| Participant contributions at end of year | 2021-12-31 | $85,945 |
| Participant contributions at beginning of year | 2021-12-31 | $68,150 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $37,576 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $12 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,276,520 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $14,118,920 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $12,842,400 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $8,014,118 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $6,760,996 |
| Interest on participant loans | 2021-12-31 | $4,832 |
| Interest earned on other investments | 2021-12-31 | $5,776 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $6,018,845 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $6,013,254 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,468,433 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $98,754 |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $786,949 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | WARREN AVERETT LLC |
| Accountancy firm EIN | 2021-12-31 | 454084437 |
| 2020 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $17,354 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,969,016 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $912,591 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $910,034 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $717,226 |
| Value of total assets at end of year | 2020-12-31 | $12,842,400 |
| Value of total assets at beginning of year | 2020-12-31 | $11,803,329 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,557 |
| Total interest from all sources | 2020-12-31 | $3,949 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $446,714 |
| Participant contributions at end of year | 2020-12-31 | $68,150 |
| Participant contributions at beginning of year | 2020-12-31 | $73,842 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $180,566 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $17,354 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,056,425 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $12,842,400 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $11,785,975 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Investment advisory and management fees | 2020-12-31 | $2,557 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $6,760,996 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $6,565,052 |
| Interest on participant loans | 2020-12-31 | $3,949 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $6,013,254 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $5,164,435 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $1,247,841 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $89,946 |
| Employer contributions (assets) at end of year | 2020-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $910,034 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | WARREN AVERETT LLC |
| Accountancy firm EIN | 2020-12-31 | 454084437 |
| 2019 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $17,354 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,128,801 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,098,732 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,096,422 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $612,973 |
| Value of total assets at end of year | 2019-12-31 | $11,803,329 |
| Value of total assets at beginning of year | 2019-12-31 | $10,755,906 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,310 |
| Total interest from all sources | 2019-12-31 | $5,952 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $416,143 |
| Participant contributions at end of year | 2019-12-31 | $73,842 |
| Participant contributions at beginning of year | 2019-12-31 | $99,041 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $140,691 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $17,354 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,030,069 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $11,785,975 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $10,755,906 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Investment advisory and management fees | 2019-12-31 | $2,310 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $6,565,052 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $5,551,585 |
| Interest on participant loans | 2019-12-31 | $5,952 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $5,164,435 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $5,105,280 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $1,509,876 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $56,139 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,096,422 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | NICHOLS, CAULEY & ASSOCIATES, LLC |
| Accountancy firm EIN | 2019-12-31 | 582475857 |
| 2018 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $249,125 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $347,594 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $345,755 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $439,844 |
| Value of total assets at end of year | 2018-12-31 | $10,755,906 |
| Value of total assets at beginning of year | 2018-12-31 | $10,854,375 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,839 |
| Total interest from all sources | 2018-12-31 | $5,063 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $392,711 |
| Participant contributions at end of year | 2018-12-31 | $99,041 |
| Participant contributions at beginning of year | 2018-12-31 | $56,820 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $47,133 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-98,469 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $10,755,906 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $10,854,375 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Investment advisory and management fees | 2018-12-31 | $1,839 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $5,551,585 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $5,923,143 |
| Interest on participant loans | 2018-12-31 | $5,063 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $5,105,280 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $4,874,412 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-195,782 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Employer contributions (assets) at end of year | 2018-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $345,755 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | NICHOLS, CAULEY & ASSOCIATES, LLC |
| Accountancy firm EIN | 2018-12-31 | 582475857 |
| 2017 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,499,067 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $835,012 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $833,002 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $370,924 |
| Value of total assets at end of year | 2017-12-31 | $10,854,375 |
| Value of total assets at beginning of year | 2017-12-31 | $10,190,320 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,010 |
| Total interest from all sources | 2017-12-31 | $3,468 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $368,801 |
| Participant contributions at end of year | 2017-12-31 | $56,820 |
| Participant contributions at beginning of year | 2017-12-31 | $73,641 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $2,123 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $664,055 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $10,854,375 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $10,190,320 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $2,010 |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $5,923,143 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $5,449,021 |
| Interest on participant loans | 2017-12-31 | $3,468 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $4,874,412 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $4,667,658 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $1,124,675 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Employer contributions (assets) at end of year | 2017-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $833,002 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | NICHOLS, CAULEY & ASSOCIATES, LLC |
| Accountancy firm EIN | 2017-12-31 | 582475857 |
| 2016 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $954,994 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $220,374 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $215,088 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $408,195 |
| Value of total assets at end of year | 2016-12-31 | $10,190,320 |
| Value of total assets at beginning of year | 2016-12-31 | $9,455,700 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $5,286 |
| Total interest from all sources | 2016-12-31 | $546,799 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $367,831 |
| Participant contributions at end of year | 2016-12-31 | $73,641 |
| Participant contributions at beginning of year | 2016-12-31 | $81,742 |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $40,364 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $8,044 |
| Administrative expenses (other) incurred | 2016-12-31 | $5,286 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $734,620 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $10,190,320 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $9,455,700 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $5,449,021 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $5,139,506 |
| Interest on participant loans | 2016-12-31 | $3,175 |
| Interest earned on other investments | 2016-12-31 | $543,624 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $4,667,658 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $4,234,443 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Employer contributions (assets) at end of year | 2016-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $9 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $207,044 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | DALTON & BENNETT, PC |
| Accountancy firm EIN | 2016-12-31 | 461634355 |
| 2015 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $467,616 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $458,081 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $445,639 |
| Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $11,142 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $421,627 |
| Value of total assets at end of year | 2015-12-31 | $9,455,700 |
| Value of total assets at beginning of year | 2015-12-31 | $9,446,165 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,300 |
| Total interest from all sources | 2015-12-31 | $5,392 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $382,338 |
| Participant contributions at end of year | 2015-12-31 | $81,742 |
| Participant contributions at beginning of year | 2015-12-31 | $148,175 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $39,289 |
| Administrative expenses (other) incurred | 2015-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $9,535 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $9,455,700 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $9,446,165 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $5,139,506 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $5,601,378 |
| Interest on participant loans | 2015-12-31 | $5,392 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $4,234,443 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $3,696,612 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $40,597 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Employer contributions (assets) at end of year | 2015-12-31 | $9 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $445,639 |
| Contract administrator fees | 2015-12-31 | $1,300 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | DALTON & BENNETT, PC |
| Accountancy firm EIN | 2015-12-31 | 461634355 |
| 2014 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $876,330 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $386,036 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $373,699 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $336,552 |
| Value of total assets at end of year | 2014-12-31 | $9,446,165 |
| Value of total assets at beginning of year | 2014-12-31 | $8,955,871 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $12,337 |
| Total interest from all sources | 2014-12-31 | $3,767 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $11,567 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $336,552 |
| Participant contributions at end of year | 2014-12-31 | $148,175 |
| Participant contributions at beginning of year | 2014-12-31 | $211,853 |
| Participant contributions at end of year | 2014-12-31 | $0 |
| Participant contributions at beginning of year | 2014-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $490,294 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $9,446,165 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $8,955,871 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $5,601,378 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $4,892,678 |
| Interest on participant loans | 2014-12-31 | $3,767 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $3,696,612 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $3,851,340 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $536,011 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $373,699 |
| Contract administrator fees | 2014-12-31 | $770 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | DALTON & BENNETT, PC |
| Accountancy firm EIN | 2014-12-31 | 461634355 |
| 2013 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $1,374,606 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $193,273 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $192,198 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $308,590 |
| Value of total assets at end of year | 2013-12-31 | $8,955,871 |
| Value of total assets at beginning of year | 2013-12-31 | $7,774,538 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,075 |
| Total interest from all sources | 2013-12-31 | $8,225 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $308,590 |
| Participant contributions at end of year | 2013-12-31 | $211,853 |
| Participant contributions at beginning of year | 2013-12-31 | $104,093 |
| Participant contributions at end of year | 2013-12-31 | $0 |
| Participant contributions at beginning of year | 2013-12-31 | $0 |
| Other income not declared elsewhere | 2013-12-31 | $110,786 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $1,181,333 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $8,955,871 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $7,774,538 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $4,892,678 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $3,834,699 |
| Interest on participant loans | 2013-12-31 | $8,225 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $3,851,340 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $3,835,746 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $947,005 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $192,198 |
| Contract administrator fees | 2013-12-31 | $1,075 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | DALTON & BENNETT, PC |
| Accountancy firm EIN | 2013-12-31 | 461634355 |
| 2012 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $824,799 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $87,481 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $86,931 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $280,835 |
| Value of total assets at end of year | 2012-12-31 | $7,774,538 |
| Value of total assets at beginning of year | 2012-12-31 | $7,037,220 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $550 |
| Total interest from all sources | 2012-12-31 | $4,815 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $4,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $280,835 |
| Participant contributions at end of year | 2012-12-31 | $104,093 |
| Participant contributions at beginning of year | 2012-12-31 | $108,123 |
| Participant contributions at end of year | 2012-12-31 | $0 |
| Participant contributions at beginning of year | 2012-12-31 | $3,335 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $737,318 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $7,774,538 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $7,037,220 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $550 |
| Value of interest in pooled separate accounts at end of year | 2012-12-31 | $3,834,699 |
| Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $3,138,566 |
| Interest on participant loans | 2012-12-31 | $4,815 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $3,835,746 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $3,787,196 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $539,149 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $86,931 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | DALTON & BENNETT, PC |
| Accountancy firm EIN | 2012-12-31 | 461634355 |
| 2011 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $599,451 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $254,009 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $245,826 |
| Value of total corrective distributions | 2011-12-31 | $7,883 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $649,386 |
| Value of total assets at end of year | 2011-12-31 | $7,037,269 |
| Value of total assets at beginning of year | 2011-12-31 | $6,691,827 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $300 |
| Total interest from all sources | 2011-12-31 | $5,327 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $4,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $322,661 |
| Participant contributions at end of year | 2011-12-31 | $108,172 |
| Participant contributions at beginning of year | 2011-12-31 | $88,269 |
| Participant contributions at end of year | 2011-12-31 | $3,335 |
| Participant contributions at beginning of year | 2011-12-31 | $2,217 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $325,646 |
| Other income not declared elsewhere | 2011-12-31 | $93,015 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $345,442 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $7,037,269 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,691,827 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $3,138,566 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $4,123,785 |
| Interest on participant loans | 2011-12-31 | $5,327 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $3,787,196 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $2,477,556 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-148,277 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $1,079 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $245,826 |
| Contract administrator fees | 2011-12-31 | $300 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | DALTON & BENNETT, CPA |
| Accountancy firm EIN | 2011-12-31 | 581681547 |
| 2010 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,024,929 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $567,247 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $566,022 |
| Value of total corrective distributions | 2010-12-31 | $825 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $358,292 |
| Value of total assets at end of year | 2010-12-31 | $6,691,827 |
| Value of total assets at beginning of year | 2010-12-31 | $6,234,145 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $400 |
| Total interest from all sources | 2010-12-31 | $3,494 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $4,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $358,292 |
| Participant contributions at end of year | 2010-12-31 | $88,269 |
| Participant contributions at beginning of year | 2010-12-31 | $73,415 |
| Participant contributions at end of year | 2010-12-31 | $2,217 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $457,682 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,691,827 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $6,234,145 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $4,123,785 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $4,095,454 |
| Interest on participant loans | 2010-12-31 | $3,494 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $2,477,556 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $2,065,276 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $63,416 |
| Net investment gain/loss from pooled separate accounts | 2010-12-31 | $599,727 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $566,022 |
| Contract administrator fees | 2010-12-31 | $400 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | DALTON & BENNETT, CPA |
| Accountancy firm EIN | 2010-12-31 | 581681547 |
| 2009 : SAVINGS PLAN FOR EMPLOYEES OF SOUTH BANKING COMPANY 2009 401k financial data |
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| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
